The only type of business that faces unlimited liability is a corporation
Indicate whether the statement is true or false
FALSE
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After a $5 million ad campaign, Coca-Cola measured its effectiveness by calculating the cross elasticity of demand between Coke and Pepsi. A successful campaign would be indicated if the cross elasticity went from
A. 0.9 to 0.5. B. 0.9 to 1.5. C. ?0.5 to ?0.2. D. ?0.9 to ?1.5.
Which of the following is currently the primary source of funding for R&D?
a. Private industry b. Universities and colleges c. Nonprofit organizations d. Federal government
In 2008 and 2009, the budget deficit increased substantially because of
a. the weak economy. b. extraordinary spending. c. reduced tax receipts. d. all of the above
The natural rate of unemployment is the rate of unemployment that
A. is an unrealistic goal set by policymakers. B. occurs when employers find more than one job applicant for each job available. C. all workers and employers have fully adjusted to any changes in the economy. D. occurs when all workers find work in the economy.